dc.description.abstract | Talent acquisition is the procedure of identifying, attracting and acquiring skilled and talented
individuals to meet the hiring needs of an organization. It involves various activities such as
job posting, candidate screening, interviewing and selection. It is essential for any
organization to succeed in a highly competitive market. The right talent can help businesses
stay ahead of their competitors and achieve their objectives. It also helps businesses to meet
their workforce demands and achieve their strategic goals.
Talent Acquisition is often mistaken for recruitment. The former is a cyclical process that
involves creating employer brand, communicating the employee value proposition and
establishing relations with talent pool. This shall result in the talent pipeline development and
create a sustainable supply chain that is prepared towards anticipated demand in the
organization. The latter is a linear process where hiring is necessary to meet the current
demand or vacancies available. Hence, it is a reactive approach that often results in increased
time & cost to hire, sometimes even compromising on quality (Bansal et al., n.d.). Hence,
Talent acquisition takes place in a strategic manner to improve recruitment KPIs. | en_US |